Investing

DuPont, Pfizer Carry DJIA Higher Thursday

Thinkstock

August 31, 2017: Markets opened higher Thursday comments Wednesday by President Trump and encouraging reports on jobless claims and consumer spending. The telecom sector is the sole laggard today, with healthcare and materials providing the biggest gains. WTI crude oil for October delivery settled at $47.23 a barrel, up 2.8%, but closed the month down 6%. December gold added 0.6% on the day to settle at $1,322.20 and up 4% for the month. Equities were headed for a higher close shortly before the bell as the DJIA traded up 0.39% for the day, the S&P 500 traded up 0.70%, and the Nasdaq Composite traded up 1.05%.

The DJIA stock posting the largest daily percentage gain ahead of the close Thursday was E.I. du Pont de Nemours Inc. (NYSE: DD) which traded up 2.18% at $85.00. The stock’s 52-week range is $66.02 to $86.36. Volume was twice the daily average of around 2 million shares. The company had no specific news.

Pfizer Inc. (NYSE: PFE) traded up 1.63% at $33.99. The stock’s 52-week range is $29.83 to $34.99. Volume was about 20% below the daily average of around 17.8 million. The company had no specific news.

General Electric Co. (NYSE: GE) traded up 1.62% at $24.67. The stock’s 52-week range is $24.15 to $32.38. Volume was about 10% above the daily average of around 37.7 million shares. The company is reportedly moving quickly to reduce employee totals.

UnitedHealth Group Inc. (NYSE: UNH) traded up 1.45% at $198.72. The stock’s 52-week range is $132.39 to $198.79, and the high was posted this afternoon. Volume was about 40% below the daily average of around 2.7 million shares. The company had no specific news Thursday.

Of the Dow stocks, 22 are on track to close higher Thursday and 8 are set to close lower.

The Average American Is Losing Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4% today, and inflation is much higher. Checking accounts are even worse.

Every day you don’t move to a high-yield savings account that beats inflation, you lose more and more value.

But there is good news. To win qualified customers, some accounts are paying 9-10x this national average. That’s an incredible way to keep your money safe, and get paid at the same time. Our top pick for high yield savings accounts includes other one time cash bonuses, and is FDIC insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes and your money could be working for you.

 

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.